Vessel is a 300,000 dwt, eco-type crude oil, scrubber fitted VLCC tanker, built by Hyundai Samho Heavy Industries, South Korea; ship is also Tier III compliant.
Reward rate would be calculated based on CO2 emissions prevented and funded via a mandatory flat rate contribution from ships per tonne of CO2 emitted.
Sailing on biofuels in US emission control areas means fewer bunker calls on that side of the Atlantic saving on time and costs, says firm in...
Brunei Shell Petroleum deploys Opsealog’s fleet optimization tools across its 45-vessel fleet following a successful trial that saved up to 10% on monthly fuel consumption and...
Initial investigations found all vessels without invoices and documents proving legal origin of the oil material; captains admitted that all diesel oil was traded and sold...
AiP is result of successful cooperation between TotalEnergies, China Merchants Energy Shipping, Dalian Shipbuilding Industry, and GTT through their cooperation agreement signed in 2021.
Premium of VLSFO bunkers in Singapore over HSFO grade, also called scrubber, is nearing record-high levels due to shortage of VLSFO and high HSFO supplies, says...
Project is expected to increase annual output of PetroChina's low-sulphur marine fuel oil by 200%; four 20,000 cubic metres of storage tanks to be built.
Vessel’s skipper was fined USD 65,000 for causing the spill and authorities are now seeking compensation from Porto Emporios Shipping Inc, reports CNA.
Variance in VLSFOs from port to port continue to challenge all stakeholders across the industry, especially with documented stability challenges, says Chris Turner.
